69
69
Jan 19, 2013
01/13
by
MSNBC
tv
eye 69
favorite 0
quote 0
you have to think about what the men on the team are also think about the environment. if you want to sexually assault somebody, basically you are being sent the message that you can do it and get away with it. >> in april 2011, the obama administration released through joe biden actually new federal guidelines on how i believe colleges should be responding to these kinds of allegations. and they included speeding up the investigation, offering the investigations or video to the local police, has that changed? do you know if that has been a significant driver of any difference here? >> you know it doesn't seem like it is. just today we learned that unc has a dean that recently retired, accused the school of basically forcing her to under -- misrepresent the number of sexual assaults on campus and say it was much lower than it was because they didn't want their school to look bad. i think what we're dealing with here, there is so much interes
you have to think about what the men on the team are also think about the environment. if you want to sexually assault somebody, basically you are being sent the message that you can do it and get away with it. >> in april 2011, the obama administration released through joe biden actually new federal guidelines on how i believe colleges should be responding to these kinds of allegations. and they included speeding up the investigation, offering the investigations or video to the local...
92
92
Jan 15, 2013
01/13
by
CNBC
tv
eye 92
favorite 0
quote 0
this company is adapting to the environment in realtime in order to avoid interference and give you the strongest signal possible. ruckus avoids interference and this makes their wi-fi gateways and access points ideal for dense environments like cities or college campuses and because the product is superior, businesses that use ruckus' hardware need to buy fewer wi-fi access points because it covers more area. the overall wi-fi equipment market is expected to grow from $3.4 billion to $8.4 billion in 2016. compound growth, 20% annually. but ruckus is taking share in that market. i believe they would do much better than the average wi-fi planner. getting two-thirds from the wireless networking business, 4% market share. that could go up. the company has ton of success in the schools. universities love to wire themselves up with wi-fi and ruckus gets a third of its enterprise revenues from hotels. they can make their guests pay through the nose for it, right? a third comes from the service provider wi-fi market where internet providers are providing their own wi-fi to their enterprise cus
this company is adapting to the environment in realtime in order to avoid interference and give you the strongest signal possible. ruckus avoids interference and this makes their wi-fi gateways and access points ideal for dense environments like cities or college campuses and because the product is superior, businesses that use ruckus' hardware need to buy fewer wi-fi access points because it covers more area. the overall wi-fi equipment market is expected to grow from $3.4 billion to $8.4...
177
177
Jan 19, 2013
01/13
by
MSNBCW
tv
eye 177
favorite 0
quote 0
the way in which young people, our students, our student athletes, my children are at risk in this environment to things like this because you just don't know who you're dealing with. >> that was notre dame's athletic director on wednesday night, speaking about the revelation that a large part of the inspiring story behind their heisman trophy finalist, manti te'o, was to good to be true. in fact, the girlfriend that had died, was not true. questions about how somebody had played a cruel trick, for 30 minutes he talked about how te'o was a victim, and firmly believed he had nothing to to do with the hoax. in 2010, elizabeth seburg, at the college across the street from notre dame told the campus police she was sexually assaulted by a notre dame football player. over the next ten days, a friend of the football player sent her multiple text messages, including this one, don't do anything you would regret. messing with notre dame football is a bad idea. lizzie committed suicide on day ten, the campus police didn't get around to questioning the football player until five days after her death. he w
the way in which young people, our students, our student athletes, my children are at risk in this environment to things like this because you just don't know who you're dealing with. >> that was notre dame's athletic director on wednesday night, speaking about the revelation that a large part of the inspiring story behind their heisman trophy finalist, manti te'o, was to good to be true. in fact, the girlfriend that had died, was not true. questions about how somebody had played a cruel...
106
106
Jan 17, 2013
01/13
by
CNBC
tv
eye 106
favorite 0
quote 0
a stock like citi group, we have in a low growth environment. earning $55 billion of excess capital. 45% of the market gap they can payback. the fed will restrict them in terms of the progress or how quickly they can do it but i would argue it's hard to find a large cap stock that can buy back or pay divisives of 40%, 45% of its market cap. >> kevin good to talk to you. that was for spending some time with us on halftime today. >> appreciate it. >> kevin holt. >>> biggest pops and drop. blackrock is getting a nice pop today. >> company report ad great number. 24 cents above plan. they also announce ad dividend increase better than expected and a buy back. inflows are also being seen. good story. this is the one to own. >> what's going on with lenard. >> i missed this home builder trade. screwed that one up. i'm not of the opinion either of these trade you move to the sidelines. >> netflix. >> netflix looks good too. netflix, big rumor out yesterday about big sellers in the stock. also the announcement that coin star is lunching streaming. >> we
a stock like citi group, we have in a low growth environment. earning $55 billion of excess capital. 45% of the market gap they can payback. the fed will restrict them in terms of the progress or how quickly they can do it but i would argue it's hard to find a large cap stock that can buy back or pay divisives of 40%, 45% of its market cap. >> kevin good to talk to you. that was for spending some time with us on halftime today. >> appreciate it. >> kevin holt. >>>...
190
190
Jan 17, 2013
01/13
by
CNBC
tv
eye 190
favorite 0
quote 0
even in this low environment how do you do it? what's the plan? >> you do more deposits, more loans. in fact, last year our net interest income, the difference between what we get on the loans versus what we pay on deposits, an endless margin, dropped 18 basis point but we actually grew net interest income so you do more, and we've dealt with this low rate environment before. do i think rates are too low? yes. a lot of monetary stimulus, but we're able to operate in that environment, and it's been a real bargain for borrowers. on the other hand, savers have paid a real price. >> how do you offset that knowing that it's become tougher to make money in banking? >> well, this year we grew revenues by 6% quarter over quarter from a year ago and 6% you took the whole year. almost all of it on the non-interest income side. half of our revenues come from fee for services, mortgage brokerages, other things so we don't only live on the margin, if you will, so think of a company that can produce those kind of revenue numbers with no help from the margin or
even in this low environment how do you do it? what's the plan? >> you do more deposits, more loans. in fact, last year our net interest income, the difference between what we get on the loans versus what we pay on deposits, an endless margin, dropped 18 basis point but we actually grew net interest income so you do more, and we've dealt with this low rate environment before. do i think rates are too low? yes. a lot of monetary stimulus, but we're able to operate in that environment, and...
231
231
Jan 16, 2013
01/13
by
CNBC
tv
eye 231
favorite 0
quote 0
the low-ends retail environment is more competitive. they have to become more promotional, code word for more discounts. in order to hold their own, they vo have to put real pressure on margins. the higher payroll taxes on consumers, it's very hard to make the case that dollar stores can be owned here. it's true companies have big long-term growth stories, and they have to expand store base around the country. that's not a reason to buy them as long as existing stores have so much trouble. at this point, dollar stores may be too cheap to go much lower, dollar tree sells 14 times earnings, and when their historical multipliers are higher, however, there is no catalyst that can get that multiple to expand. no catalyst to drive this stock higher, and that makes buying them frankly a big no-no. you said to me, jim, give me something in the space. you want something in the space? i say go with cramer fave five below. five for you home gamers. i've been a big fan of this company since it became public in july, and -- philadelphia based and if
the low-ends retail environment is more competitive. they have to become more promotional, code word for more discounts. in order to hold their own, they vo have to put real pressure on margins. the higher payroll taxes on consumers, it's very hard to make the case that dollar stores can be owned here. it's true companies have big long-term growth stories, and they have to expand store base around the country. that's not a reason to buy them as long as existing stores have so much trouble. at...
132
132
Jan 18, 2013
01/13
by
CNBC
tv
eye 132
favorite 0
quote 0
as we reinvest, the overall low rate of environment is not unusual. we do have offsets in our loan portfolio as our national strategic non-portfolio runs down or winds off. we have an opportunity to invest in higher yield customer oriented relationships, and so we think we've got some stabilizing forces. it's hard to tell exactly how the market reacted in one given day to our net interest margin. but we feel like we've had pretty good management of it and i'm optimistic we'll maintain some stability in a tough environment in 2013. >> your fee income did come in lower than expected, though, both capital markets and mortgage banking. is that just a one-time only? are we going to see a better series of numbers in 2013? >> well, yeah, capital markets is probably the big driver of any up or down movement in our fee income. the fourth quarter was an unusual quarter in a couple of ways. one, you had the impact of hurricane sandy where the markets were closed for a couple of days. we saw average daily revenue in the business drop from about 1.2 to about $1.1
as we reinvest, the overall low rate of environment is not unusual. we do have offsets in our loan portfolio as our national strategic non-portfolio runs down or winds off. we have an opportunity to invest in higher yield customer oriented relationships, and so we think we've got some stabilizing forces. it's hard to tell exactly how the market reacted in one given day to our net interest margin. but we feel like we've had pretty good management of it and i'm optimistic we'll maintain some...
136
136
Jan 17, 2013
01/13
by
CNBC
tv
eye 136
favorite 0
quote 0
. >> in this regulatory environment, they have got, to rick. >> i agree, but i think it's going to be nasty every first friday of the month for a while longer. >> all right. >> certainly going to be a lot of volatility. >> thanks, guys. see you later, gentlemen. >> michael fax he's bilingual, no knew. >> try having to say bartiromo every day. a big pair of bank earnings. a preview of american, press and intel. >> let's start win tell, folks. 45 cents, looking $13.5 billion in revenue. that's not what is important. intel couldn't trade on last quarter's numbers. it trades on forward revenue guide as. that's where the problem might be, so they are looking for 14.5 billion in the fourth quarter. the question is what's the guidance going to be, and a lot of people are concerned it's going to be below the current quarter numbers so 12.5 to 13.5 billion a lot of people are looking at. at 12.5 billion or below there's a problem for intel. american express, unfortunately, not a lot of sussense. i think it was the 10th last week when they were standing here. pre-announced. didn't tell us but c
. >> in this regulatory environment, they have got, to rick. >> i agree, but i think it's going to be nasty every first friday of the month for a while longer. >> all right. >> certainly going to be a lot of volatility. >> thanks, guys. see you later, gentlemen. >> michael fax he's bilingual, no knew. >> try having to say bartiromo every day. a big pair of bank earnings. a preview of american, press and intel. >> let's start win tell, folks. 45...
140
140
Jan 15, 2013
01/13
by
CNBC
tv
eye 140
favorite 0
quote 0
treasury, and that type of environment where dividends are going to grow 10% this year, that can be a good backdrop on stocks like ford that developed its dividend last week, lowe's on the home improvement side and dresser injuries and transindustries. >> with all due respect, jpmorgan out yesterday saying that maybe the dividend play is last year's play and maybe now is the time to get into riskier assets in equities because they feel like the economy is going to start to pick up. so you're sticking with the dividend play though? >> i am. for these two reasons. one, bill, the growth of dividends is the story. not the absolute yield. it's the growth in dividends and that can be names like qualcomm, apple, ford is my example. second. when investors look much like 1994 and 1999, when interest rates went higher, the ten-year treasury was yielding, was returning minus 3% for those two calendar years. people will come back to the stock market, but they will come back to the stock market in the safer yield and dividend-growing stories. that is why i think the catalyst for david dents will s
treasury, and that type of environment where dividends are going to grow 10% this year, that can be a good backdrop on stocks like ford that developed its dividend last week, lowe's on the home improvement side and dresser injuries and transindustries. >> with all due respect, jpmorgan out yesterday saying that maybe the dividend play is last year's play and maybe now is the time to get into riskier assets in equities because they feel like the economy is going to start to pick up. so...
135
135
Jan 16, 2013
01/13
by
CNBC
tv
eye 135
favorite 0
quote 0
not because i believe in the natural gas stocks, but because the chemical plays do so well in a low environment. don't move, the lightning round is next. ♪ [ male announcer ] how do you turn an entrepreneur's dream... ♪ into a scooter that talks to the cloud? ♪ or turn 30-million artifacts... ♪ into a high-tech masterpiece? ♪ whatever your business challenge, dell has the technology and services to help you solve it. ♪ [ male announcer ] when we built the cadillac ats from the ground up to be the world's best sport sedan... ♪ ...people noticed. ♪ the all-new cadillac ats -- 2013 north american car of the year. ♪ for a limited time, take advantage of this exceptional offer on the all-new cadillac ats. office superstore ink retailer in america. now get $6 back in staples rewards for every ink cartridge you recycle when you spend $50 on hp ink. staples. that was easy. >>> it is time for the lightning round. sell sell sell sell sell. sell sell sell sell sell. i do not know the calls ahead of time. are you ready ski daddy. starting with adam in new york. adam. >> booyah jim. >> boo
not because i believe in the natural gas stocks, but because the chemical plays do so well in a low environment. don't move, the lightning round is next. ♪ [ male announcer ] how do you turn an entrepreneur's dream... ♪ into a scooter that talks to the cloud? ♪ or turn 30-million artifacts... ♪ into a high-tech masterpiece? ♪ whatever your business challenge, dell has the technology and services to help you solve it. ♪ [ male announcer ] when we built the cadillac ats from the...
200
200
Jan 17, 2013
01/13
by
FOXNEWSW
tv
eye 200
favorite 0
quote 0
it got me out of that situation and into a stable environment where i can recover and go on with the childhood. >> greta: it's so interesting, the odds were so against you and what you've done with your life is so magnificent, i'm in awe of what you've done. i'm curious, how do you reach down in yourself after suffering 17 days in a dungeon, chained, sexually abused, not knowing if you're going to live or die and celebrating your own birthday there, why were you able to -- what is it about you what prevailed so magnificently? >> i think the abuse that i sustained throughout my entire childhood in a warped way prepared me for the abduction that was coming. it made me stronger. it made me street-wise and it ultimately, it, unfortunately, helped me get through everything. >> greta: karen, you met her mother, who neglected her. what did you think about her? >> yeah, i did. i interviewed marilyn beers her biological mother and i think in some ways, marilyn was, it was-- for motherhood and marilyn didn't physically or sexually abuse her child, a-- she desperately and severely neglected her
it got me out of that situation and into a stable environment where i can recover and go on with the childhood. >> greta: it's so interesting, the odds were so against you and what you've done with your life is so magnificent, i'm in awe of what you've done. i'm curious, how do you reach down in yourself after suffering 17 days in a dungeon, chained, sexually abused, not knowing if you're going to live or die and celebrating your own birthday there, why were you able to -- what is it...
148
148
Jan 15, 2013
01/13
by
FOXNEWSW
tv
eye 148
favorite 0
quote 0
>> i think it was just in a bad environment. i lasted the majority of the time without getting sick, but up until the end is when i started getting a little ill. >> let's pick it up when your ordeal began. you drive down with a friend to brownsville texas. you check in with the u.s. authorities. what do you tell the u.s. people? >> we told them we have got this hunting shot gun and we are trying to go through mexico legally what do we have to do? they gave us paperwork to set out if you declare it with this paperwork you should be fine. we mapaid a fee crossed the borr and declared the weapon and that's where a short while after that that's where things started going wrong. >> you go voluntarily to the mexican side show them the paperwork and they did what do you? >> it took them a while to figure out what they were going to do. once the certain super peer kwhoer that made the decision that i was going to go to jail came through, started doing the paperwork. they didn't let us know we were going to jail, though. they made it sou
>> i think it was just in a bad environment. i lasted the majority of the time without getting sick, but up until the end is when i started getting a little ill. >> let's pick it up when your ordeal began. you drive down with a friend to brownsville texas. you check in with the u.s. authorities. what do you tell the u.s. people? >> we told them we have got this hunting shot gun and we are trying to go through mexico legally what do we have to do? they gave us paperwork to set...
56
56
Jan 19, 2013
01/13
by
MSNBC
tv
eye 56
favorite 0
quote 0
>> this is a different environment than it was four years ago, craig and a couple of points. president bush does come into a success term in the strong political position. his approval readings is 52% and the second-term agenda items like gun control as well as immigration and you mentioned those attitudes about the direction of the country and about the economy and this is an american public right now that lowered its standards and lowered its expectations from four years ago. in some ways that's a good situation from the obama white house and sometimes lower expectations make it easier to get achievements done, but this is a country that is still being hit by the aftereffects of the great recession and also this poll comes after the terrible tragic shooting as well as the showdown in the new year. >> we polled folks when they were already pretty down. >> let me ask you about the war in iraq. president obama's political prominence first propelled by his opposition to the war. what did we find in the poll with regards to the war in iraq? >> it was fascinating, a number we had
>> this is a different environment than it was four years ago, craig and a couple of points. president bush does come into a success term in the strong political position. his approval readings is 52% and the second-term agenda items like gun control as well as immigration and you mentioned those attitudes about the direction of the country and about the economy and this is an american public right now that lowered its standards and lowered its expectations from four years ago. in some...
211
211
Jan 17, 2013
01/13
by
CNBC
tv
eye 211
favorite 0
quote 0
it is a tough environment for luxury as people trade down and start looking for bargains. joining us is susan lyne, chairman of gilt.com. she's also the former president and ceo of martha stewart living. also on set with us this morning our guest host, mellody hobson. susan thank you for joining us this morning. >> thank you. >> i checked out gilt.com and i have to say, these are great brands at great prices. >> it is. >> how do you offer some of the bargains you're offering? >> you know, we've got long relationships now, we're about five years old, with many of the top brands, and they realize this is a great way for them to sell excess inventory and everyone has excess inventory because these are event-based sales. they're quick. and consumers love them. >> i've seen you run out of stock quickly on these things. buy it now or it's gone type of situation. >> yep. >> is it a difficult environment for luxury right now? is that a fair estimation? >> our sector has had a fantastic holiday. we were up over 30% on gilt.com. >> but you're talking about bargain prices, where peop
it is a tough environment for luxury as people trade down and start looking for bargains. joining us is susan lyne, chairman of gilt.com. she's also the former president and ceo of martha stewart living. also on set with us this morning our guest host, mellody hobson. susan thank you for joining us this morning. >> thank you. >> i checked out gilt.com and i have to say, these are great brands at great prices. >> it is. >> how do you offer some of the bargains you're...
32
32
Jan 16, 2013
01/13
by
CNBC
tv
eye 32
favorite 0
quote 0
in the near term, overall performance of the pc client group is key to understanding the overall environment. but for the stock, the company's full year guidance, which we expect to hear, probably matters more so i'll be watching that. longer term, analysts need better evidence that intel really can gain ground in tablets and smartphones where so far, chip giant just hasn't made a dent. back to you. >> thank you for that, jon fortt. the other issue is inventory. that's been rising as a percent of revenues since the third quarter of last year. and that is -- they have to scale back production in order to cut back the inventory. >> they are so poorly positioned in the tablet space, tabletting are destroying laptops right now. if you talk about emerging market growth, it's again, back to that apple story. it's as a much lower gross margin. intel guided gross margins to 57%. that's the lowest since q-3 2009. i don't think it's a good press. it just rallied 10% off the november lows, but it's kind of in no man's land. you really need to get a sense how they are positioned. don't forget, they are
in the near term, overall performance of the pc client group is key to understanding the overall environment. but for the stock, the company's full year guidance, which we expect to hear, probably matters more so i'll be watching that. longer term, analysts need better evidence that intel really can gain ground in tablets and smartphones where so far, chip giant just hasn't made a dent. back to you. >> thank you for that, jon fortt. the other issue is inventory. that's been rising as a...
240
240
Jan 18, 2013
01/13
by
CNBC
tv
eye 240
favorite 0
quote 0
a very bullish environment if we do sell off, i want you to buy, not sell. always a bull market somewhere, right here on "mad money." i'm jim cramer. i will see you tomorrow. >>> >>> good evening, i'm larry kudlow. this is "the kudlow report." yes, the stock market still bullish. i think that's great. i'm a bull too right now. but here's my challenge to everyone. instead of just a 2% economy, why can't we do so much better and get to a 4 or 5% growth economy? president obama has still not adopted progrowth policy. here's another thing. i'm not the only one who wants the president and congress to significantly cut spending. i mean, significantly. it would be progrowth and no more tax hikes by the way. spending and the debt are the top issue of concern for voters. look, these heinous mass murders are not about weapons. question -- why isn't anyone tackling the really tough issue that may be the root causes of these atrocities? such as broken families, such as the absence of fathers who set examples for their sons? such as the loss of faith in our schools? such
a very bullish environment if we do sell off, i want you to buy, not sell. always a bull market somewhere, right here on "mad money." i'm jim cramer. i will see you tomorrow. >>> >>> good evening, i'm larry kudlow. this is "the kudlow report." yes, the stock market still bullish. i think that's great. i'm a bull too right now. but here's my challenge to everyone. instead of just a 2% economy, why can't we do so much better and get to a 4 or 5% growth...
193
193
Jan 18, 2013
01/13
by
CNBC
tv
eye 193
favorite 0
quote 0
how do we make money in this environment? we know where we are, see what the reality is, may not be what you want but the fed is there, providing easy market and that's why this market wants to go nowhere but up except in equities. how do you make money in this market? >> the fed is pushing you into risk assets so that's where you go. you have to keep going while the band is playing, but this is what concerns me is at what point do we get the snap-back? we already started off 2012 with a record amount of money going into high yield. how would you like to buy c-paper and get 5.5% return on it as far as yield goes? >> i would hate to be a portfolio manager in this kind of environment because i don't know how you balance a portfolio in terms of risk. >> i would love to be one, and i think part of it is if you -- you can make money dmest click because stocks are still relatively valued or undervalued based on, you know, the fed's model and other models, a lot of opportunities to pick up stocks that were hit hard during the summer
how do we make money in this environment? we know where we are, see what the reality is, may not be what you want but the fed is there, providing easy market and that's why this market wants to go nowhere but up except in equities. how do you make money in this market? >> the fed is pushing you into risk assets so that's where you go. you have to keep going while the band is playing, but this is what concerns me is at what point do we get the snap-back? we already started off 2012 with a...
74
74
Jan 15, 2013
01/13
by
CSPAN
tv
eye 74
favorite 0
quote 0
the council for science and the environment discusses disasters in the environment. the discussion will focus on the lessons of hurricane katrina, the ongoing drought, and the earthquake in japan. that is on c-span3 at 8:30 on with -- , today's a few moments headlines and phone calls, live on washington journal. the us house of representatives will be in session at two o'clock eastern. a disaster aid spending bill for hurricane sandy. in 45 minutes, we will be joined by scott rigell of virginia. we will talk about his recent we will talk about his recent letter to
the council for science and the environment discusses disasters in the environment. the discussion will focus on the lessons of hurricane katrina, the ongoing drought, and the earthquake in japan. that is on c-span3 at 8:30 on with -- , today's a few moments headlines and phone calls, live on washington journal. the us house of representatives will be in session at two o'clock eastern. a disaster aid spending bill for hurricane sandy. in 45 minutes, we will be joined by scott rigell of...
252
252
Jan 18, 2013
01/13
by
CNBC
tv
eye 252
favorite 0
quote 0
but we had to adjust to the environment we're in right now. that's what we're dealing with. >> where would you say the net flow is now between morgan stanley brokers and merrill brokers right now? who's winning? are you -- you added more? have they -- and are you -- are you in an aggressive mode right now in terms of offering them increased compensation to come to morgan stanley, or -- >> i'm going to give you an answer which may be a little counterintuitive. the person who's winning might be the one who's actually losing on net flow. in other words, there are some very aggressive recruiting packages out there. anybody can go out and spend money -- >> in the past -- >> spend money and buy talent. do you want us just buying talent? >> i don't know. where are you now in terms of totals? >> we're over 16,500. i forget exactly. i think merrill -- you know, honestly, i don't even know. >> ubs is a big player. >> well, ubs is very different. they're a global private bank doesn't have brokers, has private bankers. the domestic business which is the o
but we had to adjust to the environment we're in right now. that's what we're dealing with. >> where would you say the net flow is now between morgan stanley brokers and merrill brokers right now? who's winning? are you -- you added more? have they -- and are you -- are you in an aggressive mode right now in terms of offering them increased compensation to come to morgan stanley, or -- >> i'm going to give you an answer which may be a little counterintuitive. the person who's...
81
81
Jan 18, 2013
01/13
by
CSPAN2
tv
eye 81
favorite 0
quote 0
um, and the other one is the political environment. where we actually -- oh, boy, sorry. >> with can't blame the audience. [laughter] >> it's really going to be hard to ignore it, but we're going to do it. so the other piece of it is the political environment where we have the ability to fix the situation. we basically know what the fix is. we know that you need a comprehensive debt deal that's big enough to stabilize the debt, and i think we all remember the period when we were actually trying to balance the budget. we're not there. we're not going to be there anytime soon. but you certainly want to make sure the debt's not growing faster than the economy and that it's actually put on a downward path, and we know that the problem is big that to accomplish that you have to look at every part of the budget. you have to look at defense spending, you have to clearly -- and focus on -- look at health care costs which are growing faster than the economy. we have to fix our social security system which makes promises that are bigger than wha
um, and the other one is the political environment. where we actually -- oh, boy, sorry. >> with can't blame the audience. [laughter] >> it's really going to be hard to ignore it, but we're going to do it. so the other piece of it is the political environment where we have the ability to fix the situation. we basically know what the fix is. we know that you need a comprehensive debt deal that's big enough to stabilize the debt, and i think we all remember the period when we were...
54
54
Jan 16, 2013
01/13
by
CSPAN2
tv
eye 54
favorite 0
quote 0
so the only path to america winning economically is that we create a regulatory environment, a tax environment and competitive regime in this country that allows our businesses and workers to win in the global competitive game at the moment. we have extraordinary accents in this country. we have a highly educated and motivated workforce that in many respects outperforms, from a product to the point of view, workers in virtually every other country. we have the most efficient capital markets in the world. industry we have great natural resources as well. there's a lot to be bullish about in the country in terms of our economic opportunities. but this fiscal deficit our fiscal policy is an enormous cloud or retardant on us reaching that potential. you know, i work in the investment banking industry, i used to be in the money management industry. there's a phrase that sometimes get applied to companies and you would say about the company, good company but bad capital structure, and maybe bad management as well. that was used to describe a company that had, you know, great products, highly motivat
so the only path to america winning economically is that we create a regulatory environment, a tax environment and competitive regime in this country that allows our businesses and workers to win in the global competitive game at the moment. we have extraordinary accents in this country. we have a highly educated and motivated workforce that in many respects outperforms, from a product to the point of view, workers in virtually every other country. we have the most efficient capital markets in...
274
274
Jan 15, 2013
01/13
by
CNBC
tv
eye 274
favorite 0
quote 0
this is a very good credit environment. but that is a huge amount of financing for an lbo. in fact we haven't seen something like that since the financial crisis, and you're not buying into a great road story here. you're not buying into energy. you're buying into dell. basically the banks would be asked to do a bet on the personal computer market. >> dan, the second piece of this, as i think about it, though, is this idea that you're actually going back to the club deal, right? you're having two firms club up, and now with something that was, almost, i thought it was now a relic of the 2007, '06, '05 and people were no longer going to do that, at best, they were going to partner potentially with their own limited partners like the pension funds but not necessarily together to fund themselves. >> yeah, and it's particularly interesting that tpg is involved in this. one of the biggest private equity firms in the world but they might have some troubles fund-raising next time out. their performance hasn't been good the last two funds. one of the things they've been telling the
this is a very good credit environment. but that is a huge amount of financing for an lbo. in fact we haven't seen something like that since the financial crisis, and you're not buying into a great road story here. you're not buying into energy. you're buying into dell. basically the banks would be asked to do a bet on the personal computer market. >> dan, the second piece of this, as i think about it, though, is this idea that you're actually going back to the club deal, right? you're...
132
132
Jan 19, 2013
01/13
by
MSNBCW
tv
eye 132
favorite 0
quote 0
we know that health has much to do with the environment and the inheritance of genes. if you want to know about somebody's health, follow him home. >>> like all of the previous congresses we know that the 113th will have no representation for the residents of washington, d.c. we know that the black majority it is a part of on going disenfranchisement of the fellow citizens and we know that for d.c. voters the president's inaugural limo will have the motto taxation without representation. we know that george bush had the d.c. plates with the motto to remind the people of their disenfranchisement removed from his limos. we know that they should have the representation that citizens of all 50 states should. and with we know that what was to be the government's largest foreclosures and malfeasance has been shuttered for more than 8 million borrowers and this breaks down to about $800 per borrower. we know that they have covered up their on malfeasance and closed on homeowners and others who were caught in the grinding gears of the foreclosure machine, there has been no leg
we know that health has much to do with the environment and the inheritance of genes. if you want to know about somebody's health, follow him home. >>> like all of the previous congresses we know that the 113th will have no representation for the residents of washington, d.c. we know that the black majority it is a part of on going disenfranchisement of the fellow citizens and we know that for d.c. voters the president's inaugural limo will have the motto taxation without...
233
233
Jan 18, 2013
01/13
by
CNBC
tv
eye 233
favorite 0
quote 0
the main thing is capital will flee a hostile environment. if i were a risk taking entrepreneur in california i would be thinking about heading east to texas. >> i feel a bit dumb because i had no idea of the export power of texas. i probably would have picked california. we'll show a table and what this table says is texas 2011 exports, $251 billion in second place california at $159 billion. that is very impressive. hears what i like the most. go to the next table. it is easy. when i first heard it i said it's obvious because california doesn't maximize natural resources because of the green component. has such a large lobby and presence in california. even if you extract all the exports petroleum and coal products that still leaves you around 200 billion. you're still blowing the competition away. >> yep. isn't that nice? we also have great trading partners in mexico and canada and we send a lot of parts to the factories which are tremendous engine of growth for mexico. so our number one trading partner is mexico followed by canada and the
the main thing is capital will flee a hostile environment. if i were a risk taking entrepreneur in california i would be thinking about heading east to texas. >> i feel a bit dumb because i had no idea of the export power of texas. i probably would have picked california. we'll show a table and what this table says is texas 2011 exports, $251 billion in second place california at $159 billion. that is very impressive. hears what i like the most. go to the next table. it is easy. when i...
94
94
Jan 19, 2013
01/13
by
KQED
tv
eye 94
favorite 0
quote 0
important stakeholders, followed probably by investors, then suppliers, larger communities and the environment. they're all important. they all need to be taken into consideration. but i think the real secret sauce to a successful conscious business is prioritizing customers and employees. >> tom: one thing you have to deal with when talking about prioritizing customers is retail prices. food prices specifically. you deal with these every day directly. food inflation is moderated certainly from the big year-over-year increases we saw in 2011. it's been volatile, though. so how do you deal with that for your stakeholders, for your customers? >> there's not-- honestly, there's not that much you can do about it because if your raw cost goes up, you sort of have to pass those on. and i mean, i always think people misunderstand inflation because it's really just the currency depreciating and working its way out through all the different sections. if the federal government increases the money supply faster than productivity you're going to see inflation. and that's what we're seeing in food right no
important stakeholders, followed probably by investors, then suppliers, larger communities and the environment. they're all important. they all need to be taken into consideration. but i think the real secret sauce to a successful conscious business is prioritizing customers and employees. >> tom: one thing you have to deal with when talking about prioritizing customers is retail prices. food prices specifically. you deal with these every day directly. food inflation is moderated...
51
51
Jan 19, 2013
01/13
by
WJZ
tv
eye 51
favorite 0
quote 0
most important stakeholders, followed probably by investors then suppliers, larger communities and the environment. they're all important. they all need to be taken into consideration. but i think the real secret sauce to a successful conscious business is prioritizing customers and employees. >> tom: one thing you have to deal with when talking about prioritizing customers is retail prices. food prices specifically. you deal with these every day directly. food inflation is moderated certainly from the big year-over-year increases we saw in 2011. it's been volatile though. so how do you deal with that for your stakeholders, for your customers? >> there's not-- honestly, there's not that much you can do about it because if your raw cost goes up, you sort of have to pass those on. and i mean i always think people misunderstand inflation because it's really just the currency depreciating and working its way out through all the different sections. if the federal government increases the money supply faster than productivity you're going to see inflation. and that's what we're seeing in food right now
most important stakeholders, followed probably by investors then suppliers, larger communities and the environment. they're all important. they all need to be taken into consideration. but i think the real secret sauce to a successful conscious business is prioritizing customers and employees. >> tom: one thing you have to deal with when talking about prioritizing customers is retail prices. food prices specifically. you deal with these every day directly. food inflation is moderated...
244
244
Jan 14, 2013
01/13
by
CNBC
tv
eye 244
favorite 0
quote 0
in this regulatory environment that's not a good place to be. james foreman's move into retail and other sector so i think that's a meaningful shift for them. >> is the regulatory environment too tight? >> in some number of areas, yes. in some others, no. so i can actually say mixed answer. in a lot of dodd-frank has to do with things that had nothing to do with the financial crisis. you may remember one of the first laws actually implemented where they wrote the language was debit fees. they capped debit fees. that had nothing to do with anything around the financial crisis. on the other hand things like the volcker rule and others, they're still working on them, and i think there should be some good regulation around capital risk taking, and such, on the trading desks. that's still to come. >> the other big banking wall street news this week is jamie diamond and jpmorgan, i don't know if you follow this, but the london whale, the board, is going to be potentially releasing an internal report on what happened. if you were on the board would you
in this regulatory environment that's not a good place to be. james foreman's move into retail and other sector so i think that's a meaningful shift for them. >> is the regulatory environment too tight? >> in some number of areas, yes. in some others, no. so i can actually say mixed answer. in a lot of dodd-frank has to do with things that had nothing to do with the financial crisis. you may remember one of the first laws actually implemented where they wrote the language was debit...
155
155
Jan 15, 2013
01/13
by
KCSMMHZ
tv
eye 155
favorite 0
quote 0
researchers artificially changed the environment to monitor the impact on the crustaceans. they're trying to find out if the thinning of the ice could affect krill numbers. bigger animals at the south pole provide even more data. scientists in the university of tasmania have attached small devices on elephant seals to record their movements and the temperature of the sea where they swim. they're aiming to determine how changes in the ice volume and water temperature affect behavior. >> the elephant seal numbers have been declining over the last 20 or 30 years, and it's almost certainly due to some change in the marine environment. we can make predictions about how the animals are going to respond as the climate changes into the future. >> reporter: australian officials and experts say their effort isn't just academic but realistic and practical too. >> certainly climate change is a really big concern to us. concerned about antarctica because of the impact it has and the practical consequences. it affects the ocean around it and therefore the fisheries upon which we rely. >>
researchers artificially changed the environment to monitor the impact on the crustaceans. they're trying to find out if the thinning of the ice could affect krill numbers. bigger animals at the south pole provide even more data. scientists in the university of tasmania have attached small devices on elephant seals to record their movements and the temperature of the sea where they swim. they're aiming to determine how changes in the ice volume and water temperature affect behavior. >>...
105
105
Jan 14, 2013
01/13
by
CNBC
tv
eye 105
favorite 0
quote 0
the yield curve will get more possibly sloped and that will be indicative of strengthening economic environments. >> got it. dennis, great to see you. >> always nice to be on. >> dennis gartman. time now for pops and drops, the big movers you might have missed. drop for verizon. b.k.? >> trading down in sympathy with apple and the order cuts. verizon sells a lot of the iphones. i would stay away. >> big pop for fifth and pacific. up 11%. karen? >> yes, they were at the icr conference, a big retail conference this week and they put out numbers which were not as disappointing that people thought. kate spade, absolutely on fire, even though juicy, not so juicy, but we like fifth and pacific. >> pop for research in motion. pete? >> this is the story with a no story. a stock that was $11.82 at 10:00 in the morning that finished at 1 $14.95. there's been volume in the stock and options. expectations this stock is going to go higher. splenty of speculation. forget about that. a lot of dollars right now. >> pop for ups. grasso? >> their deal with tnt express fell apart. they have to pay $266 million bec
the yield curve will get more possibly sloped and that will be indicative of strengthening economic environments. >> got it. dennis, great to see you. >> always nice to be on. >> dennis gartman. time now for pops and drops, the big movers you might have missed. drop for verizon. b.k.? >> trading down in sympathy with apple and the order cuts. verizon sells a lot of the iphones. i would stay away. >> big pop for fifth and pacific. up 11%. karen? >> yes, they...
97
97
Jan 18, 2013
01/13
by
CNBC
tv
eye 97
favorite 0
quote 0
you will be stuck with older, less fuel efficient planes to deal with a higher priced oil environment when you can fill every seat you have and then some boeing, which should be the single greatest short of our lifetime, frankly, actually rallied 92 cents today. a bear's worst nightmare, which, of course, is there for the single best possible dream. for a bull. now, let's extrapolate the boeing story. we were supposed to have a horrendous, hideous economy. those guys real downers. why? because confidence is way down. because washington's gridlocked. it's horrible down there. president, republicans, care less about the economy. supposed to be crushed, absolutely annihilated about worries of the upcoming debt ceiling, and decimated, laid to waste by the end of the tax holiday. rich people stopped dead in their tracks by new tax hikes. one so steep we were supposed to switch to peanut butter and jel sandwiches, pbjs, rather than dining at three-star restaurants. pass the skippy, keep the foie gras. we find out we had the highest housing starts since the boom, climbing 12%, double where w
you will be stuck with older, less fuel efficient planes to deal with a higher priced oil environment when you can fill every seat you have and then some boeing, which should be the single greatest short of our lifetime, frankly, actually rallied 92 cents today. a bear's worst nightmare, which, of course, is there for the single best possible dream. for a bull. now, let's extrapolate the boeing story. we were supposed to have a horrendous, hideous economy. those guys real downers. why? because...
275
275
Jan 18, 2013
01/13
by
MSNBCW
tv
eye 275
favorite 0
quote 0
he had to control the environment and the situation. and that, again is -- >> as john said the sports filled with cheating and everybody knows it. there is an aspect of the story with oprah hassling armstrong about he does seem to be different. in order to cover up what he was doing he ruined the lives of a lot of people to cover up including this woman emma o'riley armstrong's former masseuse and she says armstrong tried to, quote, make her life a living hell after she went public with some of the details of his doping operation. >> what do you want to say about emma o'riley? >> hey, she -- she's one of these people that i have to apologize to. she is one of these people that got run over, got bullied. >> yeah. isn't she -- you sued her. >> ah, to be honest, oprah, we sued so many people i don't even -- i'm sure we did. >> you're suing people and you know that they're telling the truth. what is that? >> it's a major flaw and it's a guy who expected to get whatever he wanted and to control every outcome. and it's inexcusable and that's
he had to control the environment and the situation. and that, again is -- >> as john said the sports filled with cheating and everybody knows it. there is an aspect of the story with oprah hassling armstrong about he does seem to be different. in order to cover up what he was doing he ruined the lives of a lot of people to cover up including this woman emma o'riley armstrong's former masseuse and she says armstrong tried to, quote, make her life a living hell after she went public with...
86
86
Jan 16, 2013
01/13
by
MSNBCW
tv
eye 86
favorite 0
quote 0
. >> you've been a tremendous advocate across the board for not just labor, but for the environment, green jobs, women's rights. >> thank you. >> the lot. hilda, what about immigration reform and what it would mean to the treasury. how many more americans, how many more people would we get on the rolls on paying taxes in this country if it were done properly? >> well, if people were thinking rationally, we would look at putting money back into our treasury and the social security fund, in the medicare and medicaid fund, because people would be brought out of the shadows. you're talking about billions of dollars. in fact, what the president has done right now by allowing individuals from deferred action, the dreamers, to be able to be a part of our system here, they're going to be contributors. they're going to have a work permit. they're going to be able to contribute to us that money will go into our treasury. they will be abiding citizens, citizens, potential citizens. but more importantly what will happen for those many 12 million and others. they're not all latino, by the way. th
. >> you've been a tremendous advocate across the board for not just labor, but for the environment, green jobs, women's rights. >> thank you. >> the lot. hilda, what about immigration reform and what it would mean to the treasury. how many more americans, how many more people would we get on the rolls on paying taxes in this country if it were done properly? >> well, if people were thinking rationally, we would look at putting money back into our treasury and the social...
162
162
Jan 17, 2013
01/13
by
CNBC
tv
eye 162
favorite 0
quote 0
i actually feel the environment is still tough, maybe getting more friendlives can i ask you about the rally we've had generally? it's notable that goldman sachs has outperformed both the ac and citi with an 18% rise in the stock over the last month. today, of course, you downgraded goldman sachs in the light of that move. where are you on the sort of share price movement that is we might see in those three and oats moves forward? >> to see additional up side in a broker dealing, you have to see the economy get better. that could happen. i'm hoping it will happened. i'm just not sure if this is the time to put new money into goldman sachs, if we're sure not sure that will play its way out. it's just a matter of, how long does it take for the uncertainty to get out of the way, so companies can get back to making acquisitions. >> jeff, do people give you a hard time when you cut the ratings and yet boost the price targets? that gets made fun of a lot. >> yeah, we do get some for it. the price target increase, it's very form layically driven. what our pick it into our what it's done over
i actually feel the environment is still tough, maybe getting more friendlives can i ask you about the rally we've had generally? it's notable that goldman sachs has outperformed both the ac and citi with an 18% rise in the stock over the last month. today, of course, you downgraded goldman sachs in the light of that move. where are you on the sort of share price movement that is we might see in those three and oats moves forward? >> to see additional up side in a broker dealing, you have...
131
131
Jan 16, 2013
01/13
by
CNBC
tv
eye 131
favorite 0
quote 0
i think that the financial story and economic story is saying this is not the kind of financial environment that leads to rapid growth. >> interesting. >> okay. >> you tied it in to dell and jpmorgan and everything else. excellent. larry, thank you. >> my pleasure. >> join us tomorrow. "squawk on the street" begins right now. >>> good wednesday morning. welcome to "squawk on the street." i'm melissa lee with carl quintanilla, and jim cramer and david faber at the new york stock exchange. stocks had a pretty nice day yesterday. the s&p closed at five-year highs. we are looking to the down decide this morning. the dow looking to lose about 62 at the open. the picture in europe, a couple of downgrades for gdp forecasts from both the german government and world bank. italy is down by 1.5%. road map this morning starts off with the banks and earnings. jpmorgan higher. goldman sachs at 18-month highs. >> japan airlines grounding their entire dreamliner fleet. >>> dell shares falling this morning after david faber reports that a deal could be announced within two weeks, but at a price of 13.50 or
i think that the financial story and economic story is saying this is not the kind of financial environment that leads to rapid growth. >> interesting. >> okay. >> you tied it in to dell and jpmorgan and everything else. excellent. larry, thank you. >> my pleasure. >> join us tomorrow. "squawk on the street" begins right now. >>> good wednesday morning. welcome to "squawk on the street." i'm melissa lee with carl quintanilla, and jim...